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John Kenneth Galbraith
(1908–2006)
Anecdote...
William F. Buckley, Jr., tried to make an appointment with Galbraith
during a particular week in June. "That week I'll be teaching at the
University of Moscow," Galbraith said. "Oh? What do you have left
to teach them?" inquired the right-wing Buckley.
Biographical Note...
Canadian-born U.S. economist and diplomat. In the 1930s and 1940s Galbraith taught economics at
Harvard University and Princeton University. He served with several
federal agencies and was a member of the editorial board of
Fortune magazine. He was U.S. ambassador to India (1961-63) and advisor to president John F. Kennedy. Galbraith wrote American Capitalism (1951),
a discussion of the balance of economic power among major United
States companies, and The Affluent Society (1958), in which he
asserted that the United States had reached a stage in its economic
development that should enable it to direct its resources less to the
production of consumer goods and more toward providing better
public services.
More Information...
READ a short biography of John Galbraith. Order his book, The Good Society.
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